Gopalarathnam is new MD of Cholamandalam

Chennai, Apr 3: SS Gopalarathnam, President (Operations), has been appointed as the new MD of Cholamandalam MS General Insurance Company Ltd with effect from April 1.

Prior to his current role as President (Operations), Gopalarathnam was the CFO and VP Finance ever since the inception of the company in 2001. He has overseen a wide variety of functions like business development, underwriting, reinsurance, finance and investments and operations and CRM within the company.

"I am very excited about this opportunity to grow the business at a time of stiff price-led competition in the de-tariff era and will be targeting a Top line of Rs. 1000 crore and a market share of three per cent in 2008-09," said Gopalarathnam.

Gopalarathnam has been with the Murugappa Group for nearly 29 years. He has rich and varied experience and has held senior positions in finance, exports, strategy and corporate planning, and "business heading" functions across various group companies like T.I Cycles, T.I Miller and Tube Products of India.

Gopalarathnam succeeds Anandan M who retired as the Managing Director of Chola MS on March 31.

The company offers fire, engineering, motor, health, liability, marine, travel and rural insurance for individuals, SME's and corporates.

ANI